Economic Development Council Of Shelby County Illinois
- Assets
- $86.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelbyville, IL
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 32-0286321
Organization Overview
Economic Development Council Of Shelby County Illinois is located in Shelbyville, IL. The organization was established in 2012. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Development Council Of Shelby County Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Economic Development Council Of Shelby County Illinois generated $36.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Steinke President | 5 | $0 | |
Shane Schuricht Director | 1 | $0 | |
Noel Bolinger Secretary | 5 | $0 | |
Kelly Jo Pasley Treasurer | 5 | $0 | |
Jeff Johnson Director | 1 | $0 | |
Walt Lookofsky Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,812 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,199 |
| Other Revenue | $0 |
| Total Revenue | $36,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,727 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,012 |
| Total expenses | $48,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,218 |
| Other assets | $0 |
| Total assets | $86,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $86,218 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Economic Development Council Of Shelby County Illinois has recieved totaling $29,618.
| Awarding Organization | Amount |
|---|---|
Illinois Primary Health Care Association Springfield, IL PURPOSE: To improve chronic disease outcomes among its patients | $14,809 |
Illinois Primary Health Care Association Springfield, IL PURPOSE: To improve chronic disease outcomes among its patients | $14,809 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |
The Center For Kentucky Rural Economic Development Inc Somerset, KY | $52,726,644 | $7,680,890 |
Elevate Ventures Inc Indianapolis, IN | $13,635,821 | $6,541,390 |
Kentucky Highlands Investment Corporation London, KY | $130,461,604 | $9,285,837 |
Chicago Neighborhood Initiatives Inc Chicago, IL | $28,044,875 | $6,086,031 |
Madison Development Corporation Madison, WI | $34,294,523 | $5,181,232 |
Economic Development Corporation Of Kansas City Missouri Kansas City, MO | $4,885,634 | $3,918,676 |